LunarCrush released a list of top-ten altcoins based on their ranking on social and market activity. LunarCrush platform collects and distills social and market activity for thousands of cryptocurrencies, NFTs, and stocks into actionable intelligence.
As per the rankings, Litecoin ranks first on the list. Litecoin (LTC) has been trending recently, with over 27% gains in the last 24 hours as per the data from CoinMarketCap. LTC’s rally can be attributed to the third mining reward halving. Litecoin has bagged over 41.96 million social engagements and over 7.79k social mentions.
Second on the list is the Curve DAO token. The token jumped by 43% in the last 24 hours. Several analysts suggest that this has been due to whales shorting CRV on exchanges, causing a spike in price. CRV has over 4.01 million social engagements and 1.33k social mentions.
Third on the list is Solana. SOL has spiked in value by 14.8% in the last 24 hours. SOL was greatly affected by the fall of FTX. However, the coin seems to be slowly recovering. SOL has received more than 27.96 million social engagements and 19.6k social mentions.
The rest of the top ten list includes Aptos (APT), VERAsity (VRA), Luna Classic (LUNC), ApeCoin (APE), Dogecoin (DOGE), Chainlink (LINK), and Axie Infinity (AXS). The complete list with the metrics can be viewed here.
The cryptocurrency market that was bleeding for the past two days seems to have changed course. Major coins are showing single-digit and double-digit gains in the last 24 hours. The top gainers during this period are CRV, LTC, DASH, and Zcash.
The post LunarCrush Ranks Top 10 Coins Based Social And Market Activity. appeared first on Coin Edition.
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Source: Cryptocurrency - investing.com
